TBC Bank Group PLC, commonly referred to as TBC, is a leading financial institution headquartered in Georgia (GE). Established in 1992, TBC has grown to become a prominent player in the banking sector, primarily serving the Georgian market while also expanding its operations in neighbouring regions. The bank offers a comprehensive range of services, including retail and corporate banking, investment services, and digital banking solutions, distinguished by their innovative approach and customer-centric focus. TBC has achieved significant milestones, such as being listed on the London Stock Exchange, which underscores its robust market position and commitment to transparency. With a strong emphasis on technology and sustainability, TBC continues to set itself apart in the competitive landscape, making it a trusted choice for individuals and businesses alike.
How does Tbc's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Tbc's score of 47 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, TBC reported total carbon emissions of approximately 6,103,000 kg CO2e, comprising 3,042,000 kg CO2e from Scope 1, 1,470,000 kg CO2e from Scope 2, and 1,591,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from investments and purchased goods and services. Over the years, TBC's emissions have shown a general upward trend, with total emissions recorded at about 5,170,000 kg CO2e in 2022, 4,619,000 kg CO2e in 2021, and 4,600,000 kg CO2e in 2020. Notably, Scope 1 emissions peaked at 3,272,000 kg CO2e in 2020 before decreasing to 3,042,000 kg CO2e in 2023. Despite the increasing emissions, TBC has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of defined climate pledges or science-based targets indicates a need for enhanced commitment to sustainability practices. As TBC continues to operate from its headquarters in Georgia, it remains crucial for the organisation to establish clear climate commitments to align with global sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 3,164,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 1,260,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 144,000 | 000,000 | 00,000 | 000,000 | 0,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tbc is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.